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Cuba Trade Summary

2018

Cuba exports, imports, tariff by year.

Country and Region
Year
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Please note the exports, imports and tariff data are based on reported data and not gap filled. Please check the Data Availability for coverage.

Imports/Exports


Products

TRADE SUMMARY FOR CUBA 2018

Overall Exports and Imports for Cuba 2018

Exports and imports of Cuba in 2018 are below, along with number of countries and products

  • The total value of exports (FoB) was 2,314 million.
  • The total value of imports (CIF) was 11,484 million.
  • At the HS6 digit level, 630 products were exported to 112 countries and 3,644 products were imported from 137 countries.

Cuba top 5 Export and Import partners 2018

Top five countries to which Cuba exported in 2018 are below, along with the percent of total exports that went to that country:

  1. Cuba exports to Canada worth US$ 551 million, with a partner share of 23.84 percent.
  2. Cuba exports to China worth US$ 427 million, with a partner share of 18.48 percent.
  3. Cuba exports to Venezuela worth US$ 407 million, with a partner share of 17.60 percent.
  4. Cuba exports to Spain worth US$ 180 million, with a partner share of 7.80 percent.
  5. Cuba exports to Netherlands worth US$ 120 million, with a partner share of 5.17 percent.

Top five countries from which Cuba imported goods in 2018 are below, along with percent of total imports that came from the country :

  1. Cuba imports from Venezuela worth US$ 2,642 million, with a partner share of 23.00 percent.
  2. Cuba imports from China worth US$ 1,544 million, with a partner share of 13.45 percent.
  3. Cuba imports from Spain worth US$ 1,210 million, with a partner share of 10.54 percent.
  4. Cuba imports from Mexico worth US$ 513 million, with a partner share of 4.47 percent.
  5. Cuba imports from Brazil worth US$ 448 million, with a partner share of 3.90 percent.

Cuba Top 5 Productsexports imports at HS 6 digit level 2018

The top five exported HS 6 digit level products to world by Cuba along with trade value are:

  1. Cuba exported Cigars, cheroots and cigarillos containing toba , worth 249,945.64 (US$ Thousands).
  2. Cuba exported Raw cane sugar, in solid form , worth 179,602.79 (US$ Thousands).
  3. Cuba exported Rum and tafia , worth 132,589.49 (US$ Thousands).
  4. Cuba exported Zinc not alloyed unwrought containing by weight , worth 79,337.31 (US$ Thousands).
  5. Cuba exported Petroleum oils and oils obtained from bituminou , worth 74,441.31 (US$ Thousands).

The top five imported HS 6 digit level products from world by Cuba along with trade value are

  1. Cuba imported Petroleum oils, etc, (excl. crude); preparation , worth 1,621,556.03 (US$ Thousands).
  2. Cuba imported Petroleum oils and oils obtained from bituminou , worth 1,591,726.26 (US$ Thousands).
  3. Cuba imported Frozen cuts and offal of chicken (excl. livers) , worth 278,957.64 (US$ Thousands).
  4. Cuba imported Broken rice , worth 244,253.48 (US$ Thousands).
  5. Cuba imported Maize (excl. seed) , worth 193,686.06 (US$ Thousands).

Exports and Imports of Product Groups 2018

Exports and imports of products by stages of processing in 2018 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2018

Tariffs imposed by Cuba in 2018 are below

  • The maximum rate of tariff in percentage on any product was not available percent.
  • The simple average tariff across all products was not available percent.
  • The trade weighted average tariff was not available .
  • The total duty free imports in thousands of US dollars were not available and duty free tariff line items share was not available percent.

Development Indicators 2018

Key Development Indicators of Cuba in 2018 are below

  • Cuba GDP in current US dollar was 100,050 million.
  • GNI per capita, Atlas method (current US$) was 8,630.00 .
  • Cuba Trade balance: as % of GDP was 1.96.
  • Trade balance in current US$ was 1,963.00 million.
  • Trade as percentage of GDP was 27.08 .
  • Trade in services as percentage of GDP was not available .

Trade Indicators 2018

Trade Indicators for Cuba in 2018 are below

  • Hirschman Herfindahl market concentration index was 0.17.
  • Index of export market penetration was 1.82.
  • World Growth in percentage was 4.91 and Cuba Country Growth was -3.90 .